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Amkor Empowers RF Front-End Cellular Innovations with Advanced SiP

Amkor Empowers RF Front-End Cellular Innovations with Advanced SiP

Highlights

  • Amkor is advancing the evolution of 5G RF module design
  • Amkor DSMBGA enables integration of more components
  • The advanced packaging market for 5G RF Front End Module (FEM) projected to reach US $2.3B by 2026
  • Amkor continues to innovate in advanced SiP technologies

TEMPE, Ariz.–(BUSINESS WIRE)–
Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of outsourced semiconductor assembly and test (OSAT) services, is advancing the evolution of 5G RF module design, characterization and packaging technology.

With the introduction of 5G, cellular frequency bands have increased considerably, requiring innovative solutions for the packaging of RF front-end modules for smartphones and other 5G-enabled devices. Amkor’s double-sided, molded ball grid array (DSMBGA) is a prime example of such solutions. Expanding on years of experience in delivering world-class, advanced System in Package (SiP) technology, Amkor was the first OSAT to offer DSMBGA and continues to pave the way for further breakthroughs.

“With our DSMBGA platform, we’ve established a preferred advanced packaging solution for this domain,” said Giel Rutten, Amkor President and Chief Executive Officer. “Applying leading-edge design rules for 3D component placement and double-sided molding—together with conformal and compartmental shielding and in-line RF testing—delivers best-in-class integration levels in a small form factor in a high yield manufacturing process.”

The advanced packaging market for 5G RF FEM is projected to reach US $2.3 billion by 2026, representing a 30% compound annual growth rate (CAGR) according to Yole Développement (Yole), SA, an industry consulting firm1.

“There has been a change in frequencies with the arrival of 5G, adding frequency bands above 3 GHz in FR1, and mmWave in FR2,” according to Antoine Bonnabel, Technology & Market Analyst, RF Devices and Technology at Yole. “This and the system-level trend have had a profound impact on both the number of components, and the technology platforms on which they are built.”2

This growing number of new frequencies, combined with the variety of multiplexing methods, significantly increases the complexity of the RF front end. Integration using SiP allows customers to design, tune and test RF sub-systems, allowing for a reduction in design iterations and an accelerated time-to-market.

Amkor’s double-sided packaging technology has vastly increased the level of integration for RF front-end modules used in smartphones and other mobile devices. Common RF front-end modules consist of an LNA (low noise amplifier), power amp, an RF switch, RF filters and duplexers.

Amkor’s advanced SiP design rules and innovative DSMBGA technology enable the integration of additional components—such as antenna tuners and passive components—where device motherboard real estate is at a premium. This creates the most advanced and compact RF front-end module on the market today.

With additional power amplification and filtering circuitry, DSMBGA improves signal integrity and reduces losses, resulting in improved Rx/Tx amplification—which translates into reduced system power requirements.

Amkor also applies state-of-the-art conformal and compartmental shielding for EMI isolation and attenuation and implements in-line RF testing to deliver the most robust and cost-effective assembly technology in the industry.

In addition to its formidable SiP capacity and DSMBGA technology, Amkor has developed an extensive toolset to maximize performance and to address the sophisticated packaging formats required to productize 5G applications. Some of these tools include Antenna in Package (AiP), substrate-embedded die, wafer-level SiP and a variety of RF shielding options.

This toolset, combined with the company’s expertise in RF module design, characterization and bench test, uniquely positions Amkor to serve customers who want to outsource the challenges (including substantial investment) associated with combining multiple ICs with advanced package assembly and test technologies for 5G networks.

As demand for packages that support 5G increases, Amkor supports this growth with the successful implementation of DSMBGA technology. Amkor has been in high-volume markets with DSMBGA for more than a year and is a leader in RF package design, integration and test. Amkor continues to innovate in DSMBGA and other advanced SiP technologies to capture opportunities in the RF market. To learn more about Amkor’s capabilities in SiP and DSMBGA, visit https://amkor.com/dsmbga.

About Amkor Technology, Inc.

Amkor Technology, Inc. is one of the world’s largest providers of outsourced semiconductor packaging and test services. Founded in 1968, Amkor pioneered the outsourcing of IC packaging and test and is now a strategic manufacturing partner for the world’s leading semiconductor companies, foundries and electronics OEMs. Amkor’s operational base includes production facilities, product development centers and sales and support offices located in key electronics manufacturing regions in Asia, Europe and the USA. For more information, www.amkor.com.

____________________________________________

1 Source: 5G Packaging Trends for Smartphones 2021 report, Yole Développement, 2021

2 Source: Cellular RF Front-End Technologies for Mobile Handset 2021 report, Yole Développement, 2021

Investor Relations

Jennifer Jue

Senior Director, Investor Relations and Finance

480-786-7594

Media Relations

Debi Polo

Director, Marketing Communications

480-786-7653

Social Media: @amkortechnology

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Semiconductor Hardware Consumer Electronics Other Technology Technology

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Astor Macro Alternative Fund Class I Added to LPL Financial Platforms

Astor Macro Alternative Fund Class I Added to LPL Financial Platforms

CHICAGO–(BUSINESS WIRE)–
Astor Investment Management LLC (“Astor”) is pleased to announce that its Astor Macro Alternative Fund Class I (GBLMX) and Astor Macro Alternative Fund Class A (ASTMX) are now available on LPL Financial platforms for investment by the firms more than 20,000 financial advisors. FA’s at LPL now have access to the award-winning GBLMX on the Model Wealth Portfolio (MWP) Strategic Asset Management (SAM) and Strategic Wealth Management (SWM) platforms, while ASTMX is available on LPL’s SWM and brokerage platforms.

This year GBLMX won Refinitiv Lipper Awards in the Alternative Multi-Strategy Funds category as the best fund over the past 3 and 5 years out of 39 and 31 funds, respectively. This is the second consecutive annual award for the Astor Macro Alternative Fund as the best fund over the past 3 years in the category. Astor Investment Management also received a Refinitiv Lipper Award as the best small company fund family in the “mixed assets” asset class group in the United States Group Awards category for the 2020 awards.

“Astor is excited to further our 10+ year relationship with LPL. LPL Financial is so deeply respected in the financial investment community and we’re incredibly proud to have our Astor Macro Alternative Fund now accessible to their roster of financial advisors,” said Rob Stein, Founder and CEO of Astor Investment Management. “Our team has worked diligently over the past 6 years to build GBLMX into a successful and viable alternative investment strategy.”

The Astor Macro Alternative Fund (GBLMX) pursues what hedge funds attempt to deliver to portfolios, with the lower cost, greater transparency and daily liquidity of a mutual fund. GBLMX employs multiple robust, systematic strategies across diverse asset classes that are often beyond individual investors’ reach. The fund seeks to provide positive returns over a market cycle regardless of market conditions or general market direction.

GBLMX is a Morningstar 5-star rated fund that has seen 8-fold growth in its Assets Under Management (AUM) since June of 2020. LPL Financial joins Cetera Financial Group, Advisor Group, Cambridge Financial Services in adding the Astor Macro Alternative Fund to its investment platforms in 2021.

ABOUT ASTOR INVESTMENT MANAGEMENT LLC

Astor is a registered investment adviser headquartered in Chicago with offices in New York. Advising more than $2B in assets, Astor employs data-driven strategies catering to varying risk tolerances and portfolio objectives. The company uses a fundamentally driven research model that includes the proprietary Astor Economic Index® (AEI) to make its investment allocation decisions. Our investment philosophy is based upon the belief that diligent analysis of economic data can provide valuable signals for longer-term financial market allocations. For more information on Astor Investment Management or the AEI visit http://www.astorim.com

ABOUT LPL FINANCIAL

LPL Financial is recognized as the nation’s leading independent broker-dealer (as reported by Financial Planning magazine, June 1996-2019, based on total revenue). LPL Financial offers an integrated platform of proprietary technology, brokerage, and investment advisor services to more than 16,000 financial professionals and approximately 700 financial institutions. LPL also supports more than 4,000 other financial professionals with customized clearing solutions, advisory platforms, and technology. For more information, please visit http://www.lpl.com.

Important Risk Information & Disclosures

An investor should consider the Astor funds’ investment objectives, risks, charges, and expenses carefully before investing. This and other information about the Astor funds are contained in the funds’ prospectus, which can be obtained by calling 877.738.0333. Please read the prospectus carefully before investing. The funds are distributed by Northern Lights Distributors, LLC a FINRA/SIPC member. Astor Investment Management is not affiliated with Northern Lights Distributors, LLC.

An investment in the Astor Macro Alternative Fund involves risks including the possible loss of principal and may not be suitable for all investors. There is no assurance that the fund will achieve its investment objectives. Investments in U.S. equities, fixed income, foreign securities, currencies and commodities could subject the fund to volatility, risk and possibly loss. Awards are only one form of performance and should not be used as the sole factor when making an investment decision. For more information about the fund, including performance, please visit astorimfunds.com. All information contained herein is for informational purposes only.

Lipper Fund Awards from Refinitiv, ©2021 Refinitiv. All rights reserved. Used under license.

The Astor Macro Alternative Fund, Class I (GBLMX) received a Refinitiv Lipper Award for the Best Fund over the past 3 and 5 years in the Alternative Multi-Strategy Funds category among 39 and 31 funds, respectively.

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

9102-NLD-7/12/2021

AIM-8/10/21-OP434

Media Inquiries

Lisa Link

Marketing Director

[email protected]

312.228.5909

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Professional Services Finance

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Brunswick Corporation Announces Reference Yield and Total Consideration for its Any and All Tender Offers

METTAWA, Ill., Aug. 10, 2021 (GLOBE NEWSWIRE) — Brunswick Corporation (NYSE: BC) (“Brunswick”) today announced the pricing terms of its previously announced tender offers (the “Tender Offers”) to purchase for cash any and all of its outstanding 7.375% Debentures due 2023 (the “7.375% Debentures”) and 7.125% Notes due 2027 (the “7.125% Notes” and, together with the 7.375% Debentures, the “Securities”).

The following table sets forth specified terms of the Tender Offers:

Title of Security Security Identifiers Principal Amount Outstanding Reference U.S. Treasury Security Bloomberg Reference Page

(1)
 		Reference Yield Fixed Spread (basis points) Total Consideration

(2)(3)
7.375% Debentures due 2023 CUSIP: 117043AE9

ISIN: US117043AE96

 $ 103,071,000 0.125% UST due 07/31/2023 FIT 1

 0.226 % 35 bps $ 1,138.73
7.125% Notes due 2027 CUSIP: 117043AG4

ISIN: US117043AG45

 $ 163,265,000 0.625% UST due 07/31/2026 0.805 % 85 bps $ 1,309.83

(1)   The applicable page on Bloomberg from which the Dealer Manager named below quoted the bid side prices of the Reference U.S. Treasury Security. In the above table, “UST” denotes a U.S. Treasury Security.
(2)      Per $1,000 principal amount of Securities validly tendered and accepted for purchase.
(3)      The Total Consideration is based on the fixed spread for the Securities over the Reference Yield (as defined in the Offer to Purchase) as of 10:00 a.m., New York City time, today, August 10, 2021. The Total Consideration does not include Accrued Interest (as defined below), which will be paid on Securities accepted for purchase.

The Tender Offers were made pursuant to the terms and conditions set forth in the offer to purchase, dated August 4, 2021, and the related notice of guaranteed delivery (as amended or supplemented, the “Tender Offer Documents”). Brunswick refers investors to the Tender Offer Documents for the complete terms and conditions of the Tender Offers.

The “Total Consideration” for each $1,000 principal amount of each series of Securities validly tendered and accepted for purchase pursuant to the applicable Tender Offer was determined in the manner described in the Offer to Purchase by reference to a fixed spread over the yield to maturity (the “Reference Yield”) of the Reference U.S. Treasury Security specified in the table above.

Holders will also receive accrued and unpaid interest on Securities validly tendered and accepted for purchase from the last applicable interest payment date up to, but not including, the initial settlement date (the “Accrued Interest”). The settlement date is anticipated to be (i) August 11, 2021 (the “Settlement Date”), in the case of each Tender Offer, and (ii) August 13, 2021, in the case of Securities with respect to which a properly completed and executed notice of guaranteed delivery is delivered at or prior to the Expiration Date (the “Guaranteed Delivery Settlement Date” and, together with the Settlement Date, the “Settlement Dates”). For the avoidance of doubt, Brunswick intends to make payment on Securities tendered in accordance with the guaranteed delivery procedures on the Guaranteed Delivery Settlement Date, but Accrued Interest will cease to accrue on the Settlement Date for all Securities accepted in a Tender Offer, including those tendered by the guaranteed delivery procedures.

The Tender Offers will expire at 5:00 p.m., New York City time, on August 10, 2021 (the “Expiration Date”).

Information
Relating
to the Tender Offer
s

J.P. Morgan Securities LLC is the dealer manager for the Tender Offers (the “Dealer Manager”). Investors with questions regarding the Tender Offers may contact J.P. Morgan Securities LLC at (866) 834-4666 (toll-free), or (917) 721-9052 (collect). D.F. King & Co., Inc. is the depositary and information agent for the Tender Offers. Investors with questions regarding the Tender Offers may contact D.F. King & Co., Inc. at (888) 887-0082 (toll-free), or (212) 269-5550 (collect).

None of Brunswick, its board of directors, the Dealer Manager, the depositary and information agent or the trustee or any of their respective affiliates, directors, officers, agents, attorneys or employees with respect to each series of Securities is making any recommendation as to whether holders should tender any Securities in response to the Tender Offers, and neither Brunswick nor any such other person has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Securities, and, if so, the principal amount of Securities to tender.

This press release is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, any of the Securities and the Tender Offers do not constitute offers to buy or the solicitation of offers to sell Securities in any jurisdiction or in any circumstances in which such offers or solicitations are unlawful. The full details of the Tender Offers, including complete instructions on how to tender Securities, are included in the Tender Offer Documents. Holders are strongly encouraged to read carefully the Tender Offer Documents, including materials incorporated by reference therein, because they will contain important information. The Tender Offer Documents may be downloaded from D.F. King and Co., Inc.’s website at www.dfking.com/brunswick or obtained from D.F. King and Co., Inc., free of charge, by calling toll-free at (888) 887-0082 (bankers and brokers can call collect at (212) 269-5550).

Forward-
Looking
Statements

Certain statements in this news release are forward-looking statements. Forward-looking statements are based on current expectations, estimates, and projections about Brunswick’s business and by their nature address matters that are, to different degrees, uncertain. Words such as “may,” “could,” “should,” “expect,” “anticipate,” “project,” “position,” “intend,” “target,” “plan,” “seek,” “estimate,” “believe,” “predict,” “outlook,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this news release. These risks include, but are not limited to: the effect of adverse general economic conditions, including the amount of disposable income consumers have available for discretionary spending; changes in currency exchange rates; fiscal policy concerns; adverse economic, credit, and capital market conditions; higher energy and fuel costs; competitive pricing pressures; the coronavirus (COVID-19) pandemic and the emergence of variant strains; managing our manufacturing footprint; adverse weather conditions, climate change events, and other catastrophic event risks; international business risks; our ability to develop new and innovative products and services at a competitive price; our ability to meet demand in a rapidly changing environment; loss of key customers; actual or anticipated increases in costs, disruptions of supply, or defects in raw materials, parts, or components we purchase from third parties, including as a result of pressures due to the pandemic; supplier manufacturing constraints, increased demand for shipping carriers, and transportation disruptions; absorbing fixed costs in production; risks associated with joint ventures that do not operate solely for our benefit; our ability to successfully implement our strategic plan and growth initiatives; the possibility that the announced acquisition of Navico will not be consummated within the anticipated time period or at all, including as the result of regulatory, market, or other factors; our ability to integrate acquisitions, including Navico; the potential for disruption to our business in connection with the Navico acquisition, making it more difficult to maintain business and operational relationships; the risk that unexpected costs will be incurred in connection with the Navico transaction; the possibility that the expected synergies and value creation from the Navico transaction will not be realized or will not be realized within the expected time period; attracting and retaining skilled labor, implementing succession plans for key leadership, and executing organizational and leadership changes; our ability to identify, complete, and integrate targeted acquisitions; the risk that strategic divestitures will not provide business benefits; maintaining effective distribution; adequate financing access for dealers and customers; requirements for us to repurchase inventory; inventory reductions by dealers, retailers, or independent boat builders; risks related to the Freedom Boat Club franchise business model; outages, breaches, or other cybersecurity events regarding our technology systems, which could affect manufacturing and business operations and could result in lost or stolen information and associated remediation costs; our ability to protect our brands and intellectual property; changes to U.S. trade policy and tariffs; any impairment to the value of goodwill and other assets; product liability, warranty, and other claims risks; legal and regulatory compliance, including increased costs, fines, and reputational risks; changes in income tax legislation or enforcement; managing our share repurchases; and risks associated with certain divisive shareholder activist actions.

Additional risk factors are included in the 2020 Form 10-K and Brunswick’s Quarterly Report on Form 10-Q for the quarter ended July 3, 2021. Forward-looking statements speak only as of the date on which they are made and Brunswick does not undertake any obligation to update them to reflect events or circumstances after the date of this news release or for changes made to this document by wire services or Internet service providers.

About
Brunswick
Corporation

Headquartered in Mettawa, Ill., Brunswick’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrives and inboard engines; Mercury global parts and accessories including propellers and SmartCraft electronics; Advanced Systems Group, which includes industry-leading brands like MotorGuide, Attwood, Mastervolt, Blue Sea Systems, CZone, and ASG Connect system integrators; Land ‘N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class.


Cell: 904-860-8848
[email protected]

# # #



Lee Gordon
Vice President – Brunswick Global Communications & Public Relations
Brunswick Office: 847-735-4003
Mercury Office: 920-924-1808

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ISG to Publish Study on Digital Service Providers for Life Sciences Industry

ISG to Publish Study on Digital Service Providers for Life Sciences Industry

ISG Provider Lens™ report will focus on service providers that can help life sciences companies with regulatory and competitive pressures

STAMFORD, Conn.–(BUSINESS WIRE)–
Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining digital service providers focused on the life sciences industry at a time when the industry is under growing pressure to digitize and streamline operations.

The study results will be published in a comprehensive ISG Provider Lens™report, called Life Sciences Digital Services, scheduled to be released in January. The report will cover a range of digital services available to life sciences companies.

Enterprise buyers will be able to use information from the report to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.

The new report will cover service providers looking to help life sciences companies with increasing competitive and regulatory pressures, said Jenn Stein, partner and global leader, ISG Life Sciences.

“The COVID-19 pandemic and public demand for more effective outcomes are mandating the acceleration of actions needed to better meet care lifecycle requirements and build patient-centric business models,” she said. “In addition, life sciences companies are being compelled to comply with new regulations, deal with new competition, integrate waves of competitive mergers and acquisitions, and adapt to the needs of an aging population.”

ISG has distributed surveys to more than 60 technology and service providers serving the life sciences industry. Working in collaboration with ISG’s global advisors, the research team will produce five quadrants representing the services and products the typical enterprise client is buying in the life sciences space, based on ISG’s experience working with its clients. The five quadrants are:

  • Clinical Development Digital Transformation Services, assessing how service providers help biopharma companies accelerate the process of developing and bringing products to market. Service providers support compliance checks and patient safety reporting while offering complex regulatory intelligence. They also improve the clinical design process with collaboration platforms.
  • Patient Engagement Digital Transformation Services,analyzing service providers that focus on life sciences customer services using supporting processes and platforms. Electronic enrollment and patient monitoring are done via connected sensors at home or in care facilities. In addition to enhanced enrollment and participation in clinical trials, improved patient engagement helps ensure compliance with therapies and reduces drop-out rates. Digital medicine is also an emerging area, with broader use of smart pills and wearables.
  • Pharmacovigilance and Regulatory Affairs Digital Transformation Services, covering service providers that focus on life sciences services that support patient safety monitoring and reporting, compliance with global and local regulatory requirements, and reporting via processes and platforms. While there is already a successful history using AI to support some aspects of these activities, the growing confidence in natural language processing and machine learning among life sciences enterprises has opened additional opportunities for innovation and efficiency.
  • Manufacturing Supply Chain Digital Transformation Services, assessing service providers that work with their life sciences customers to improve the manufacturing supply chain. Manufacturers use sensors for monitoring equipment health and predicting maintenance needs to reduce downtime. Appropriate analytics and AI are required to move inventory quickly to the desired location. Blockchain helps maintain the chain of custody that is important in life sciences.
  • MedTech Digital Transformation Services, focused on service providers that support MedTech companies in their journeys to use digitization for product development, engineering, production and logistics. Major functional areas that are considered in this quadrant are product lifecycle management, engineering services, logistics and distribution, and maintenance and repair.

The report will cover the global life sciences market, examining in depth the products and services available in the U.S. and Europe. ISG analysts Rainer Suletzki and Frances Grote will serve as lead authors of the report.

A list of identified providers and vendors and further details on the study are available in this digital brochure. Companies not listed as life sciences technology providers can contact ISG and ask to be included in the study.

All ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press:

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Erik Arvidson, Matter Communications for ISG

+1 617 755 2985

[email protected]

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Research Technology Security Consulting Professional Services Software Networks Internet Data Management Science

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Oracle Announces MySQL Autopilot for MySQL HeatWave Service

MySQL Autopilot delivers nine new machine learning-powered automation capabilities, further improving the performance and scalability of the MySQL Heatwave Service

MySQL HeatWave can now deliver 35X better price/performance compared to Snowflake and 13X better compared to Amazon Redshift with AQUA on industry standard TPC-H benchmark

Tetris.co, Red3i, and FAN Communications migrated from Amazon Aurora to MySQL HeatWave and reported up to 10X performance improvements at less than half the cost

PR Newswire

AUSTIN, Texas, Aug. 10, 2021 /PRNewswire/ — Oracle today announced availability of MySQL Autopilot, a new component of MySQL HeatWave service, the in-memory query acceleration engine for MySQL Database Service in Oracle Cloud Infrastructure (OCI). MySQL Autopilot uses advanced machine learning techniques to automate HeatWave which make it easier to use and further improves performance and scalability. No other cloud vendor provides such advanced automation capabilities for their database offerings. Autopilot is available at no additional charge for MySQL HeatWave customers.

MySQL Autopilot automates many of the most important and often challenging aspects of achieving high query performance at scale—including provisioning, data loading, query execution and failure handling. It uses advanced techniques to sample data, collect statistics on data and queries, and build machine learning models using Oracle AutoML to model memory usage, network load and execution time. These machine learning models are then used by MySQL Autopilot to execute its core capabilities. MySQL Autopilot makes the HeatWave query optimizer increasingly intelligent as more queries are executed, resulting in continually improving system performance over time—a capability not available on Amazon Aurora, Amazon Redshift, Snowflake, or other MySQL-based database services.

MySQL Autopilot includes the following capabilities:

  • Auto provisioning predicts the number of HeatWave nodes required for running a workload by adaptive sampling of table data on which analytics is required. This means that customers no longer need to manually estimate the optimal size of their cluster. No other database service provides this capability.
  • Auto parallel load can optimize the load time and memory usage by predicting the optimal degree of parallelism for each table being loaded into HeatWave. No other cloud vendor offers this capability.
  • Auto data
    placement predicts the column on which tables should be partitioned in-memory to help achieve the best performance for queries. It also predicts the expected gain in query performance with the new column recommendation. This minimizes data movement across nodes due to suboptimal choices that can be made by operators when manually selecting the column. No other database service provides this capability.
  • Auto encoding can determine the optimal representation of columns being loaded into HeatWave, taking the queries into consideration. This optimal representation provides the best query performance and minimizes the size of the cluster to minimize costs.
  • Auto query plan improvement learns various statistics from the execution of queries and can improve the execution plan of future queries. This improves the performance of the system as more queries are run. No other database service provides this capability.
  • Auto query time estimation can estimate the execution time of a query prior to executing the query. This provides a prediction of how long a query will take, enabling customers to decide if the duration of the query is too long and instead run a different query.
  • Auto change propagation intelligently determines the optimal time when changes in MySQL Database should be propagated to the HeatWave Scale-out Data Management layer. This helps ensure that changes are being propagated at the right optimal cadence. No other cloud vendor offers this capability.
  • Auto scheduling can determine which queries in the queue are short running and prioritize them over long running queries in an intelligent way to reduce overall wait time. Most other databases use the First In, First Out (FIFO) mechanism for scheduling.
  • Auto error recovery provisions new nodes and reloads necessary data if one or more HeatWave nodes is unresponsive due to software or hardware failure.

“Oracle’s MySQL Database Service with HeatWave is the only MySQL database that efficiently supports both OLTP and OLAP, enabling users to run mixed workloads or real-time analytics against their MySQL database with 10 to 1,000 times better performance and less than half the cost compared to other analytical or MySQL-based databases,” said Edward Screven, Chief Corporate Architect, Oracle. “MySQL HeatWave is one of the fastest growing cloud services on OCI and an increasing number of customers are moving their MySQL workloads to HeatWave. Today, we are announcing a number of innovations which are the result of years of research and advanced development at Oracle. The combination of these innovations delivers massive improvements in automation, performance and cost—further distancing HeatWave from other database cloud services.”

As part of this announcement, Oracle is also introducing MySQL Scale-out Data Management, which can improve the performance of reloading data into HeatWave by up to 100 times. HeatWave now supports a cluster size of 64 nodes—up from 24 nodes—and is capable of processing up to 32 TB of data—up from 12 TB. These new enhancements further strengthen the price/performance advantages of HeatWave relative to its primary competitors.

HeatWave can offer better performance at a lower price for analytics and mixed workloads compared to all other competitive database and analytics cloud services. Specifically, in tests HeatWave has seen:

  • 13 times better price/performance than Amazon Redshift with AQUA—6.5 times faster at half the cost (TPC-H 10TB)
  • 35 times better price/performance than Snowflake—7 times faster at 1/5 the cost (TPC-H 10TB)
  • 36 times better price/performance than Google Big Query—9 times faster at 1/4 the cost (TPC-H 30TB)
  • 15 times better price/performance than Azure Synapse—3 times faster at 1/5 the cost (TPC-H 30TB)
  • 42 times better price/performance than Amazon Aurora for mixed workloads—18 times lower latency, and 110 times higher throughput at 42 percent the cost (CH-benCHmark 100G)

Oracle is making the benchmarking code publicly available, enabling customers to run the benchmarks themselves by visiting here. Oracle also announced that the industry standard TPC-DS benchmark can now be accelerated using HeatWave.

Customers who have migrated from Amazon to MySQL HeatWave on OCI thus far have seen a substantial reduction in their costs and a significant improvement in the performance of their cloud workloads.

Red3i is a leading business intelligence and digital marketing company in the U.S. “We successfully migrated our 6 TB database and in-house digital marketing and media management applications from AWS Aurora to MySQL HeatWave on OCI. That reduced our costs by 60 percent, improved performance for complex queries by more than 1,000X, and overall workloads improved 85 percent,” said Amit Palshikar, Co-Founder and CTO, Red3i. “In addition, we didn’t have to make any changes to our application, automatic recovery has minimized downtime, and we can now scale to thousands of cores because we have an ever-growing need.”

Tetris.co is a marketing technology firm that manages large digital advertising investments for customers in Brazil. “MySQL HeatWave reduced our cloud database costs by 50 percent as compared to using a combination of AWS Aurora and Redshift,” said Pablo Lemos, Co-Founder and CTO, Tetris.co. “We are no longer moving data around so now we have blazing fast, real-real-time insights with no effort. More importantly, scalability has made our expansion plan possible, allowing us to onboard more data and new clients without impact to costs. It’s a dream come true.”

Fan Communications is a $280M marketing and advertising affiliate service in Japan. “We found MySQL HeatWave improved performance by 10 times and significantly dropped our costs after migrating from AWS Aurora. We also did not have to modify our application for a great experience,” said Kanami Suzuki, Developer, FANCOMI.

Tamara is the leading Saudi Buy-Now-Pay-Later platform. “We recently migrated our production workload from another cloud solution to MySQL HeatWave,” said Chien Hoang, Director of Engineering, Tamara. “Doing so reduced our cost by 3 times and it also significantly accelerated many of our queries. Given the speedup we are observing with HeatWave, we expect that we will be able to enhance our application by writing more complex queries which do not execute in a reasonable amount of time with the other cloud solution.”

I
ndustry analysts commenting on today’s news:

“These new fully transparent benchmarks demonstrate HeatWave’s performance, price and scale advantages over all other MySQL and cloud databases,” said Ron Westfall, Senior Analyst and Research Director, Futurum. “With up to 7 times the performance and 35 times the price/performance of Snowflake — a fraction of the cost — you can see the 5 dozen patents at work with the whiplash-inducing performance of HeatWave. Clearly, the cloud data warehouse market wasn’t ready for this, and now the competition needs to scramble as they grapple for answers.”

“Oracle have shown AWS and Snowflake how to design and architect a true MySQL Cloud Database,” said David Floyer, CTO and Co-founder, Wikibon. “Customers can expect MySQL Heatwave to perform about 7 times faster than Amazon Redshift or Snowflake at 2-5 times lower cost. The benefits against Amazon Aurora are even greater. Enterprises of every size can run a single MySQL database for both OLTP and OLAP and eliminate ETL. Lines of business can plan to integrate in-line real-time analytics with systems of record and radically improve business process automation and costs.”

“The evolution of MySQL continues as Oracle accelerates developer velocity. Oracle previously provided a single unified platform for both OLTP and OLAP, eliminating the need for multiple databases and tools to ETL across databases,” said Holger Mueller, VP and Principal Analyst, Constellation Research. “Now Oracle brings out new innovations which are set to likely disrupt the market, significantly lifting the expectations for what open source cloud databases should be. With machine learning-based automation in Autopilot and scaling in memory, nodes, and storage, Oracle sets developers free to develop next generation applications running on the much faster and cheaper MySQL HeatWave compared to any platform they may try.” 

“Some cloud database providers continue to offer specialized databases for specific workloads, and assume, especially in the open source space, that developers like to manually tinker with parameters to optimize performance,” said Carl Olofson, Research Vice President, Data Management Software, IDC. “Oracle is on a different track, looking to combine database functionality in a single system. It provides database convergence and automation in the open source cloud database service, MySQL HeatWave. Oracle introduced MySQL HeatWave late in 2020, bringing full native cloud support and unifying OLTP and OLAP in one database, which eliminated the need for ETL. In this newly announced version, Oracle has added machine learning-based automation, which takes away the guesswork and manual labor involved in provisioning, data loading, query execution, and failure handling. These automations are also a major factor in HeatWave’s performance and price/performance results as reported in the company’s publicly accessible and repeatable benchmarks, providing metrics which should compare favorably with those of other cloud database service providers.”

“For organizations using MySQL, Oracle has given yet another reason to invest in its HeatWave offering by delivering seven times the performance at 1/5 the cost of solutions such as Snowflake,” said Matt Kimball, Senior Analyst, Data Center Compute, Moor Insights & Strategy. “Oracle continues to align its innovation and resources to the needs of its customers and the market. For those looking to extract the most out of their MySQL environments, HeatWave should be given a hard look.”

“Open source developers who have not yet moved to MySQL Database Service with HeatWave are running out of reasons not to give it a try,” said Marc Staimer, Founder and President of DS Consulting and Wikibon Analyst. “Not only has Oracle simplified their lives with a unified OLTP and OLAP MySQL service, it has also eliminated the need for a separate analytical database or data warehouse and ETLs between them. Plus, now it has delivered unparalleled performance and cost/performance. The latest additions include MySQL Autopilot, which has automated many onerous manual tasks from provisioning to data loading and query execution. Together with massive scale-out capabilities, this combination makes MySQL HeatWave melt down Snowflake and vaporize Amazon Redshift with AQUA.”

“MySQL is a popular cloud relational database for mid-sized users and applications; but it has traditionally come with some limitations,” said Mark Peters, Principal Analyst and Practice Director, ESG. “Developers must suffer manual database setup and tuning as well as often poor performance running queries. That all changes now: Oracle’s MySQL Database Service with HeatWave addresses those issues – it’s MySQL Autopilot uses advanced ML to automate provisioning, tuning and more, to drive crazy good performance and price/performance. Scalability is enhanced with node and processing capacity increases. With claimed specifications that are so far ahead of its competition as to simultaneously generate a broad grin and some skepticism, Oracle understands that the proof is in the pudding – not only is this open source, but the test case details are all being openly posted, meaning that interested MySQL users that are intrigued by a mix of astounding performance, reduced costs and no need to change applications, can actually go try the pudding for themselves.”

“The latest MySQL HeatWave announcement reaffirms and extends Oracle’s commitment to the open source database market,” said Bradley Shimmin, Chief Analyst, AI Platforms, Analytics, and Data Management at Omdia. “Integrated with MySQL Database and optimized for OCI, HeatWave seamlessly brings together analytic and operational workloads within one database and does without sacrificing scale or performance. More than that, MySQL HeatWave introduces several innovations that promise to greatly elevate MySQL’s price/performance value. For example, by engineering internally developed machine learning algorithms within MySQL HeatWave, Oracle can now automate and optimize database provisioning, data loading, query execution, and failure handling. This is not easy to replicate.”

“The new capabilities that Oracle added to MySQL HeatWave take it to the forefront of open source cloud databases,” said Alexei Balaganski, Lead Analyst, KuppingerCole Analysts. “Not only are several management functions automated with Autopilot, making guesswork obsolete, when they are combined with new scaling enhancements, the resulting price/performance ratio is far beyond other cloud database services. As we mentioned previously, ETL presents significant security threats. HeatWave’s combining OLTP and OLAP into a single, protected database instance can dramatically reduce the potential attack surface, improve security posture, and in the end, avoid a data breach or a compliance fine.”  

“For customers looking for an open source cloud data warehouse, MySQL HeatWave provides an in-memory query acceleration engine that delivers substantial competitive advantages over AWS Redshift, Aurora and Snowflake,” said Richard Winter, CEO, Wintercorp.

MySQL HeatWave is also incorporated into the Oracle lake house. OCI Data Catalog is the single catalog for the lake house, including data from MySQL Database Service as well as Oracle Autonomous Database and OCI Object Storage. Lake house users can discover MySQL data through the catalog and move it or analyze it as needed. Several other OCI services such as Oracle Analytics Cloud and Oracle Cloud Data Integration service are also integrated with MySQL HeatWave.

The new features introduced in the latest MySQL HeatWave release are available now on OCI across all 30 Oracle Cloud Regions.

About Oracle

Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

Additional Resources

Trademarks

Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/oracle-announces-mysql-autopilot-for-mysql-heatwave-service-301351661.html

SOURCE Oracle

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WISeKey’s NFC VaultIC Chips Protect Vaccine Vials by Helping ManufacturesValidate, Authenticate and Track Shipments, and End-Users Verify the Origin of Vials

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For more information visit: https://www.wisekey.com/products-services/secure-semiconductors/

Geneva, Switzerland – August 10, 2021 – WISeKey International Holding Ltd (NASDAQ: WKEY; SIX: WIHN), a leading cyber security, IoT, and AI platform company, today announced that is in discussions with several vaccine manufacturers interested to use the WISeKey NFC VaultIC Chips to protect their vaccine vials. VaultIC Chips allow vaccine manufactures to validate, authenticate and track shipments and give end-users the ability to verify the origin of vials.

The VaultIC NFC chips used to authenticate and protect vaccine vials, are tamper-resistant microprocessors built with firmware that enables a number of different cryptographic functions, including authentication. The solution is compatible with a wide variety of algorithms that meet the NIST standards, and supports secret keys and certificates with on-chip data storage capabilities. Other features include a hardware-based True Random Number Generator and a secure software environment that offers protected boot and firmware updates for IoT devices.

VaultIC also supports contactless access and contactless transactions through the use of NFC technology.

WISeKey NFC VaultIC tags can inserted on the vaccine packing boxes or trays that carry vaccine vials. Most vials used for vaccines are made of borosilicate glass, which was invented in 1897 by German chemist and glassmaker Friedrich Otto Schott. It is primarily composed of silica (80 percent) and boric oxide (10 percent), with a small amount of sodium oxide and aluminum oxide also included. This type of glass has remained popular because it is chemically inert.

The NFC VaultIC chips can be attached to the seals of the actual vaccine vials, making it possible to track shipments and verify their origins allowing reading in close proximity with standard NFC phones.

The World Health Organization’s Director-General, Dr. Tedros Adhanom Ghebreyesus, had already issued a warning about counterfeit COVID vaccines being sold on the dark web. This turn of events serves to remind the world about the dramatic impact of drug counterfeiting, a booming organized crime industry growing at the staggering pace of 20% annually. Back in 2017, PwC (conservatively) estimated this black market was worth $200 billion. Currently, more than 10% of drugs sold worldwide are allegedly fake, and in some low-income countries more than 50% of drugs administered to patients are counterfeit; this is resulting in more than 1 million deaths annually, according to Interpol, higher than deaths caused by suicide or illicit drug abuse.

WISeKey’s expertise in the design of NFC secure chips allied with its WISeAuthentic original platform for the identification, authentication, tracking and direct marketing of goods, provides customer-fit solutions for brand protection. Nevertheless, the historic lack of support of NFC tags by iPhones has limited the use of the application by WISeKey’s clients and their end-customers. Apple is now supporting NFC Forum NDEF tags, making WISeKey’s solutions instantly available to millions of users, who can now benefit from advanced security and protection against counterfeiting.  

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping today’s Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.).  WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKey’s Swiss based cryptographic Root of Trust (“RoT”) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:


WISeKey International Holding Ltd


Company Contact:  Carlos Moreira
Chairman & CEO
Tel: +41 22 594 3000
[email protected]
WISeKey Investor Relations (US)


Contact:  Lena Cati
The Equity Group Inc.
Tel: +1 212 836-9611
[email protected]

Disclaimer:

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

 



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Check Point Software Technologies Ltd. Shareholders Approve All 2021 Annual General Meeting Proposals

SAN CARLOS, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all five proposals presented at the 2021 Annual General Meeting. Approximately 99.1 million shares, representing approximately 75 percent of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees.

For more information on the agenda items, please see the company’s proxy statement for the annual general meeting of shareholders:

http://www.checkpoint.com/about-us/investor-relations/annual-general-meeting/

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to corporate enterprises and governments globally.  Check Point Infinity´s portfolio of solutions protects enterprises and public organisations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises three core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management. Check Point protects over 100,000 organizations of all sizes.

©2021 Check Point Software Technologies Ltd. All rights reserved

INVESTOR CONTACT:

Kip E. Meintzer
Check Point Software Technologies
+1.650.628.2040
[email protected] 

MEDIA CONTACT:

Gil Messing
Check Point Software Technologies
+1.650.628.2260
[email protected] 



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Enterprise Names Weaver Commercial Lead for Evolutionary Technology Group

Enterprise Names Weaver Commercial Lead for Evolutionary Technology Group

HOUSTON–(BUSINESS WIRE)–
Enterprise Products Partners L.P. (NYSE: EPD) today announced that Carrie L. Weaver has been named vice president, Commercial, Evolutionary Technology, and will report to Co-Chief Executive Officer for Enterprise’s general partner A.J. “Jim” Teague. The Evolutionary Technology team, which was formed in May 2021, consists of a dedicated technical team focused on identifying, evaluating and developing opportunities related to the energy evolution, including carbon capture and storage, hydrogen, and low-carbon fuels. Ms. Weaver joins the team to develop commercial strategies to progress emerging ideas into profitable and sustainable market solutions and to advance discussions with external parties to develop projects leveraging Enterprise’s midstream network and technical capabilities to support the evolving energy industry.

“Enterprise is committed to being a leader in this changing energy landscape by providing new services that utilize our integrated asset footprint, expansive industry connectivity, reputation for reliability and ability to deliver dependable results for our customers,” said Teague. “The addition of Carrie to our recently formed Evolutionary Technology team gives us an experienced and accomplished presence as we move forward with commercializing projects that are profitable and complement our business model, while advancing a low-carbon economy.”

Ms. Weaver joined Enterprise in 2013 from Exxon Mobil Corporation and most recently served as vice president, Commercial, Regulated Pipelines for the eastern region. She holds a Bachelor of Science degree in Chemical Engineering from Virginia Tech.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 Bcf of natural gas storage capacity. Please visit www.enterpriseproducts.com for more information.

This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise their respective forward-looking statements, whether as a result of new information, future events or otherwise.

Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, [email protected]
Rick Rainey, Media Relations (713) 381-3635, [email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Maritime Chemicals/Plastics Transport Oil/Gas Manufacturing Energy

MEDIA:

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Capital Senior Living Responds to Ortelius Advisors Letter

Capital Senior Living Responds to Ortelius Advisors Letter

DALLAS–(BUSINESS WIRE)–
Capital Senior Living Corporation (“Capital Senior Living” or the “Company”) (NYSE: CSU) confirmed that it received a letter from Ortelius Advisors, L.P. (“Ortelius”) regarding the recently announced transactions with Conversant Capital LLC (“Conversant”).

The Company values constructive engagement with our stockholders and is committed to maximizing stockholder value. As previously announced, the Board of Directors of the Company engaged in a thorough process to explore strategic alternatives and seek financing sources for the Company to address its liquidity needs and following the completion of this review, the Board unanimously approved the proposed transaction with Conversant. The Board’s process and rationale for approving the transactions will be set out in more detail in the preliminary proxy statement which will be available to stockholders on the SEC’s website in the near term.

No Offer or Solicitation /Additional Information and Where to Find It

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The rights offering will be made pursuant to the Company’s shelf registration statement on Form S-3, which became effective on May 6, 2020, and a prospectus supplement containing the detailed terms of the rights offering to be filed with the SEC. Any offer will be made only by means of a prospectus forming part of the registration statement. Investors should read the prospectus supplement, when available, and consider the investment objective, risks, fees and expenses of the Company carefully before investing. When available, a copy of the prospectus supplement may be obtained at the website maintained by the SEC at www.sec.gov.

This communication is being made in connection with the proposed private placement and rights offering. In connection with the proposed transaction, the Company intends to file a proxy statement with the SEC. The Company may also file other relevant documents with the SEC regarding the proposed transaction. The information in the preliminary proxy statement will not be complete and may be changed. The definitive proxy statement will be delivered to stockholders of the Company. This communication is not a substitute for any proxy statement or any other document that may be filed with the SEC in connection with the proposed transaction.

INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.

Investors and security holders will be able to obtain free copies of the preliminary proxy statement and the definitive proxy statement (in each case, if and when available) and other documents containing important information about the Company and the proposed transaction once such documents are filed with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge at sec.gov.

Participants in the Solicitation

The Company and its executive officers and directors and certain other members of management and employees may, under the rules of the SEC, be deemed to be “participants” in the solicitation of proxies in connection with the proposed transaction. Information regarding the Company’s directors and executive officers is available in its Proxy Statement on Schedule 14A for its 2020 Annual Meeting of Stockholders, filed with the SEC on November 3, 2020, and in its Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 31, 2021, as amended on April 30, 2021. These documents may be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials relating to the proposed transaction to be filed with the SEC when they become available.

About Capital Senior Living

Dallas-based Capital Senior Living Corporation is one of the nation’s leading operators of independent living, assisted living and memory care communities for senior adults. The Company operates 75 communities that are home to nearly 7,000 residents across 18 states providing compassionate, resident-centric services and care and engaging programming. The Company offers seniors the freedom and opportunity to successfully, comfortably and happily age in place. For more information, visit http://www.capitalsenior.com or connect with the Company on Facebook or Twitter.

Safe Harbor

The forward-looking statements in this press release are subject to certain risks and uncertainties that could cause the Company’s actual results and financial condition to differ materially, including, but not limited to, the Company’s ability to obtain stockholder approval for the proposed transaction; the satisfaction of all conditions to the closing of the proposed transaction; other risks related to the consummation of the proposed transaction, including the risk that the transaction will not be consummated within the expected time period or at all; the costs related to the proposed transaction; the impact of the proposed transaction on the Company’s business; any legal proceedings that may be brought related to the proposed transaction; the continued spread of COVID-19, including the speed, depth, geographic reach and duration of such spread; new information that may emerge concerning the severity of COVID-19; the actions taken to prevent or contain the spread of COVID-19 or treat its impact; the legal, regulatory and administrative developments that occur at the federal, state and local levels in response to the COVID-19 pandemic; the frequency and magnitude of legal actions and liability claims that may arise due to COVID-19 or the Company’s response efforts; the impact of COVID-19 and the Company’s near-term debt maturities on the Company’s ability to continue as a going concern; the Company’s ability to generate sufficient cash flows from operations, additional proceeds from debt refinancings, and proceeds from the sale of assets to satisfy its short and long-term debt obligations and to fund the Company’s capital improvement projects to expand, redevelop, and/or reposition its senior living communities; the Company’s ability to obtain additional capital on terms acceptable to it; the Company’s ability to extend or refinance its existing debt as such debt matures; the Company’s compliance with its debt agreements, including certain financial covenants, and the risk of cross-default in the event such non-compliance occurs; the Company’s ability to complete acquisitions and dispositions upon favorable terms or at all, including the transfer of certain communities managed by the Company on behalf of Fannie Mae, Healthpeak, Ventas, and Welltower; the Company’s ability to improve and maintain adequate controls over financial reporting and remediate the identified material weakness; the risk of oversupply and increased competition in the markets which the Company operates; the risk of increased competition for skilled workers due to wage pressure and changes in regulatory requirements; the departure of the Company’s key officers and personnel; the cost and difficulty of complying with applicable licensure, legislative oversight, or regulatory changes; the risks associated with a decline in economic conditions generally; the adequacy and continued availability of the Company’s insurance policies and the Company’s ability to recover any losses it sustains under such policies; changes in accounting principles and interpretations; and the other risks and factors identified from time to time in the Company’s reports filed with the Securities and Exchange Commission.

Capital Senior Living

Kimberly Lody

President and Chief Executive Officer

(972) 308-8323, [email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Health Consumer Residential Building & Real Estate Seniors Managed Care Construction & Property

MEDIA:

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On National 811 Day, Homeowners and Contractors Reminded to Call 811 to Help Keep Their Communities and Neighborhoods Safe

On National 811 Day, Homeowners and Contractors Reminded to Call 811 to Help Keep Their Communities and Neighborhoods Safe

Use the Free Service for All Digging Projects Large or Small

SAN FRANCISCO–(BUSINESS WIRE)–
Tomorrow, Wednesday 8/11 is National Safe Digging Day, serving as a reminder to PG&E customers, contractors and anyone digging to call 811 a minimum of two business days prior to starting any digging project, no matter how large or small. 811 is a free service for anyone planning to dig. Utility workers will respond at no cost to you and mark the location of any underground lines. Making that free call will help avoid injuries, property damage and costly repairs.

Warmer weather months see an increase in digging projects, and unfortunately many of those projects are proceeding without a free call to 811 to have underground utilities marked for project sites. In fact, throughout PG&E’s service area of Northern and Central California:

  • 57 percent of all third-party dig-ins 2021 have been due to contractors and homeowners failing to call 811 before digging
  • In 91 percent of residential/homeowner dig-ins, 811 was not called
  • The average cost to repair damaged utility lines for a residential dig-in is $3,500
  • Some leading causes of homeowner/residential dig-ins include: building or replacing a fence, gardening and landscaping, planting a tree or removing a stump, sewer and irrigation work and building a deck or patio

As part of 811 Day, PG&E will be conducting 811 Safe Digging Webinars on Wednesday, August 11 at 7:00 A.M. and 3:30 P.M. and on Saturday, August 14 at 9:00 A.M. Customers can join to learn about the 811 process and how to safely dig once all underground lines have been marked. There will also be a live Q&A session as part of each webinar. To access the webinars, visit pge.com/811.

“Calling 811 before your digging project, no matter how large or small, to have the location of underground utility lines marked will help keep you, your families and neighbors safe and connected to essential utility services,” said Joe Forline, senior vice president of Gas Operations for PG&E. “811 is a free service, and calling 811 and digging safely will help both homeowners and contractors avoid costly repair bills that can be in the thousands of dollars.”

Utility lines can be shallow, sometimes only a few inches below the surface, due to erosion, previous digging projects and uneven surfaces. Utility lines need to be properly marked because even when digging only a few inches or digging in a location that’s previously been marked, the risk of striking an underground utility line still exists. A call to 811 is the best safeguard and the first line of defense to preventing strikes on underground utility lines.

When calling 811, homeowners and contractors are connected to USA North, the local one call center, which notifies the appropriate utility companies of their intent to dig. Requests for a single address can also be made online at 811express.com. Professional locators then arrive at the digging site to mark the approximate locations of underground lines with flags, spray paint or both. Underground Service Alert of Northern/Central California and Nevada (USA North) is staffed 24 hours a day, seven days a week, and will provide Spanish and other translation services.

Key Facts

  • In 2020, there were over 1,400 third-party dig-ins on PG&E’s underground infrastructure across Northern and Central California.
  • Of the over 1,400 dig-ins, nearly 800 resulted from not using 811 to have gas and electric lines marked in advance.
  • Of the third-party (customers or construction crews) dig-ins to PG&E’s lines in 2020, residential dig-ins accounted for 31%.
  • In 91% of residential dig-ins, 811 was not called in advance.

PG&E Safe Digging Tips

  • Mark project area in white: Identify the digging location by drawing a box around the area using white paint, white stakes, white flags, white chalk or even white baking flour.
  • Call 811 or submit an online request a minimum of two working days before digging: Be prepared to provide the address and general location of the project, project start date and type of digging activity. PG&E and other utilities will identify underground facilities in the area for free. Requests can be submitted a maximum of 14 days prior to the start of the project.
  • Dig safely: Use hand tools when digging within 24 inches of the outside edge of underground lines. Leave utility flags, stakes or paint marks in place until the project is finished. Backfill and compact the soil.
  • Be aware of signs of a natural gas leak: Smell for a “rotten egg” odor, listen for hissing, whistling or roaring sounds and look for dirt spraying into the air, bubbling in a pond or creek and dead/dying vegetation in an otherwise moist area.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Media Relations

415-973-5930

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Other Energy Utilities Other Construction & Property Oil/Gas Energy Construction & Property

MEDIA: